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Sunway Real Estate Investment Trust (Sunway REIT), founded in 2010 and headquartered in Kuala Lumpur, Malaysia, is one of the largest diversified REITs in the country. Sunway REIT has a portfolio of assets located across Klang Valley, Penang and Perak. It manages a gross floor area (GFA) of 1.7 million square meters.
Summary
Sunway REIT reports transparently on numerous sustainability topics. The company discloses board members’ expertise in economic, environmental, and social factors. Further, it discloses quantitative information on health and safety for its workers, including hours worked and injuries. It also sets public expectations for business relationships to limit workweeks to 48 hours or 60 hours, including overtime. On the topic of energy management, the company reports progress towards its target of sourcing at least 40% of electricity from renewable sources by 2030.
However, there is clear potential for Sunway REIT to strengthen its performance in many areas. The company should report regularly on both the quality and affordability of its properties. While the company highlights an example of accessibility within one of its projects, it should take systematic actions to improve accessibility across all its properties, demonstrating a stronger commitment to inclusivity and serving a wider range of stakeholders.
Ranking position
#34
/300
Total score
25.5
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
25.0
/100
Rank (0-300)
#29
Measurement area
Inclusive Cities
Score
# 1
25.0
/100
Rank (0-300)
#85
Measurement area
Healthy Cities
Score
# 1
18.6
/100
Rank (0-300)
#29
Measurement area
Climate Proof & Resilient Cities
Score
# 1
20.0
/100
Rank (0-300)
#49
Measurement area
Core Social Indicators
Score
# 1
38.9
/100
Rank (0-300)
#19
Industries
Industries
Real estate
#12
More about the company
Headquarters
Malaysia
Ownership structure
Public
Revenue
-
Number of employees
-
Website
https://www.sunway.com.my/
63716